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The legal cannabis landscape has rapidly evolved, particularly in states like Delaware, which legalized medical marijuana in 2011 and recreational use in 2023. However, the complexities of cannabis law become more pronounced in the context of bankruptcy.
FORT LAUDERDALE, (MARCH 7, 2024) – In joining Saul Ewing as a new partner, Zachary Kobrin brings his insight from having served as general counsel for two companies to his work as a transactional and regulatory lawyer with a focus on cannabis, antitrust and other corporate law. He works in the firm...
Attorney Jonathan Havens outlines what stood out for him most after reviewing the 252-page document released by the U.S. Department of Health & Human Services.
“When Congress removed hemp from the list of controlled substances and established a 0.3% limit on Delta-9 THC via the Agricultural Improvement Act of 2018, also known as the 2018 Farm Bill, it resulted in two somewhat unexpected product categories. The first was hemp-derived products, such as...
Maryland's adult-use cannabis market will be launching in a little over a week. Current and prospective cannabis industry operators should thus understand key provisions of the state's Cannabis Reform Act and draft regulations in order to effectively prepare.
The launch of Maryland's adult-use cannabis market on July 1 is fast approaching. Last November, Maryland voters overwhelmingly approved an adult-use ballot measure, nearly 2-1. Following that, the Maryland Legislature created a statutory framework for the program, the Cannabis Reform Act, which Gov...
Saul Ewing LLP represented High Haven, an Illinois-based cannabis company, in its challenge of the Illinois Department of Financial & Professional Regulation’s (“IDFPR”) decision to reject High Haven’s social equity application for cannabis dispensary licenses. As a result of IDFPR’s denial, High...
In just two months, from mid-November 2020 to mid-January 2021, Saul Ewing LLP's Cannabis Law Practice assisted clients in closing transactions with a combined deal value of more than $520 million. We served as: U.S. counsel to Canaccord Genuity Corp., lead underwriter of an overnight marketed...